Brent hedgers' net short reached about 600,000 lots as Hormuz flows were cut, while WTI stayed long on SPR return hedging, ...

Borouge has signed a 50:50 joint venture agreement with Wanrong New Materials to develop a greenfield cracker and polyethylene complex in Fujian, China. SEE ALSO: Borouge won the “Shutdown & ...

OQ aims to lift Duqm's onshore crude storage to about 10 million barrels in three years and is weighing two VLCCs for ...

TotalEnergies plans to invest $10 billion in Argentina, including new Tierra del Fuego wells and a Neuquén gas expansion, CEO ...

A lowest bidder has emerged in PDO's tender for a gas-oil gravity drainage facility at the Al-Ghubar field in Oman's Block 6, ...

Global fuel shortage deepens as China halts fuel exports, Russia extends its diesel ban and damaged Gulf refineries keep product exports low.

JPMorgan says Middle East crude exports are back to 98% of pre-war levels as East-West flows resume, while product exports ...

Centrica signs a 20-year heads of agreement for 1 mtpa from Ksi Lisims LNG, lifting the Canadian project's offtake to 9 mtpa ...

OPEC+ is likely to keep November output targets steady at Sunday's meeting, two sources told Reuters, as Gulf producers still ...

Four tankers were struck in the Strait of Hormuz as Middle East crude exports recovered to 98% of pre-war levels, highlighting supply risk.. Four tankers struck in Strait of Hormuz as IRGC claims ...

Ngulu partners ReconAfrica and Record Resources expect to finish 3D seismic reprocessing offshore Gabon by end-2026 and ...

Venture Global will supply ConocoPhillips with 1 mtpa of LNG for 20 years from 2030 under a new sales and purchase agreement ...